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LATEST NEWS FOR Santam Ltd.  

Santam is a multinational general insurance group that writes insurance business in South African and Namibia and has investments and clients in a further 31 countries. It is the leading general insurer in South Africa with a market share of more tha... [more info]

Sanlam brags with good results

12 Mar 2021 /  Adriaan Kruger   1
Management expects another tough year, but says it is in better shape.

‘Of the insurers, I’d pick Sanlam to hold in portfolios at the moment’

12 Mar 2021 /  Simon Brown   1
Gary Booysen of Rand Swiss compares long- and short-term players in the local insurance sector.

Inflation to increase, no rate hike expected

12 Mar 2021 /  Simon Brown  
Rand Swiss's Gary Booysen reviews local insurers and their results. Steven Brown, Fortress CEO, unpacks financials as overall vacancies drop from 8.9% to 6.8%. Wikus Furstenberg from Futuregrowth talks the bond market and worries about inflation.

Santam sees up to R5.3bn in business interruption insurance claims

4 Mar 2021 /  Nompu Siziba   1
Despite a tough year, the short-term insurer managed to up its gross written premiums by 7%: Hennie Nel – CFO, Santam.

Sake-onderbrekingseise looi Santam se winste

4 Mar 2021 /  Moneyweb  
Lizé Lambrechts – uitvoerende hoof, Santam

Santam to process claims of 4 000 more clients hit by Covid-19 lockdown

UPDATE
25 Jan 2021 /  Promit Mukherjee, Reuters  
Beyond just the claims under its hospitality and leisure division.

‘Tsunami’ of legal certainty, now insurers must pay up

19 Jan 2021 /  Suren Naidoo   9
UK business interruption test case ruling reinforces hospitality industry calls for Covid-19 claims to be settled.

Santam stands behind business interruption insurance decision

13 Jan 2021 /  Nompu Siziba  
Ryan Woolley – CEO, Insurance Claims Africa

Santam: High Court ‘erred’ in business interruption judgment

13 Jan 2021 /  Suren Naidoo   12
Group insists infectious diseases extension only covers policyholders for 3 months.

Santam to start assessing some rejected Covid-19 claims

UPDATE
4 Jan 2021 /  Emma Rumney, Reuters   1
Following recent court rulings.

Massive Covid-19 blow for insurers: Guardrisk loses Supreme Court appeal

UPDATE
17 Dec 2020 /  Suren Naidoo   15
New precedent in Café Chameleon business interruption insurance case could open the way for billions of rand more in pandemic-related claims

Old Mutual Insure the latest loser in Covid-19 claims battle

26 Nov 2020 /  Suren Naidoo   7
Luggage retailer Interfax wins business interruption insurance case in Western Cape High Court.

Santam fails to get Guardrisk’s Café Chameleon appeal postponed

UPDATE
24 Nov 2020 /  Suren Naidoo   7
Judgment reserved in landmark business interruption insurance case, but decision expected before year end.

Santam to appeal Covid-19 ruling

UPDATE
20 Nov 2020 /  Emma Rumney, Reuters   8
Court found the insurer liable to pay a client's business interruption claim.

Ma-Afrika wins court battle against insurance giant Santam

UPDATE
18 Nov 2020 /  Suren Naidoo   16
Another blow to short-term insurers trying to wriggle out of honouring Covid-19 business interruption claims.

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